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has given pakistan billions of dollars in aid since the 911 attack. but pakistan has been reluctant to targets caliban militants that stage cross border attacks against nato troops in afghanistan. >> we will be right back as we continue after the break in live looks from mt. tam, a look sunny spot around the bay and we are also watching wall street. a dismal spot this morning down futures at 118, from nasdaq features down 28 it looks as though a rocky road today. @p@po' >> 52 degrees currently in navato morning to 67 by noon, 71 this afternoon a mild day in a bottle, not really that warm then it will cool back down to 63 degrees by 8:00 p.m.. the fog, the drizzle did breezy conditions out there will be something we will deal with the for the better part of the week i will have a complete with your forecast coming up in a little bit. right now we will send it to erica and the traffic department. >> take a look at this, nice unlike conditions coming from all approaches. at the bay bridge toll plaza across the morning we were dealing with some strong win
has given pakistan billions of dollars in aid since the 911 attack. but pakistan has been reluctant to targets caliban militants that stage cross border attacks against nato troops in afghanistan. >> we will be right back as we continue after the break in live looks from mt. tam, a look sunny spot around the bay and we are also watching wall street. a dismal spot this morning down futures at 118, from nasdaq features down 28 it looks as though a rocky road today. @p@po' >> 52...
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is withholding $800 million in military aid to pakistan. a major indication that the rift between the two countries is only growing. the u.s. and pakistan are allies but there are major trust issues between the two, especially after u.s. special forces found osama bin laden hiding snuggly inside pakistan. reza how does this impact u.s./pakistani relations? >> reporter: i think this hurts a relationship that's already on shaky ground. for years we have heard a lot of rhetoric from both sides, finger pointing, accusations. this is more than rhetoric. i think things changed after the raid on the bin laden compound here in pakistan in may. this was viewed by many here in pakistan as an embarrassment for the country and the military. it was viewed as a violation of pakistan's sovereignty by people here. ever since then, both sides have made moves that have substantially changed the complexion of this relationship. $800 million in cash and military equipment. the message here is we are not happy with the effort you are making. if you want to cont
is withholding $800 million in military aid to pakistan. a major indication that the rift between the two countries is only growing. the u.s. and pakistan are allies but there are major trust issues between the two, especially after u.s. special forces found osama bin laden hiding snuggly inside pakistan. reza how does this impact u.s./pakistani relations? >> reporter: i think this hurts a relationship that's already on shaky ground. for years we have heard a lot of rhetoric from both...
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the times square bombing was planned in pakistan. and they sold nuclear technology to iran and north korea in the '90s. >> stephen: oh, the '90s. let's stay angry about furbies an parachute pants. look, we need to give them an ultimatum. stop supporting terror or no more aid. >> stephen: easy now, buddy. this is a partnership, just like you and me. we're partners. but that doesn't mean you get to decide who my other friends are. >> stephen: i just think jill's a pitch. >> stephen: we're not having this conversation again. >> stephen: the point is, some of my other friends like to do things that you don't like to do. like skiing, or trying to kill you. >> stephen: but that has nothing to do with our friendship. >> stephen: wait, one of your friends wants to kill me? >> stephen: no. >> stephen: yay, me, stephen albert. >> stephen: wait, where did he come from. >> stephen: well, he was standing next to me but i was not hiding him. i just didn't notice or was hiding him. >> stephen: i want to kill you for your freedom. >> stephen: well t
the times square bombing was planned in pakistan. and they sold nuclear technology to iran and north korea in the '90s. >> stephen: oh, the '90s. let's stay angry about furbies an parachute pants. look, we need to give them an ultimatum. stop supporting terror or no more aid. >> stephen: easy now, buddy. this is a partnership, just like you and me. we're partners. but that doesn't mean you get to decide who my other friends are. >> stephen: i just think jill's a pitch....
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the white house chef of staff confirmed the united states is with holding aid to pakistan. they are with holding back about $850 million in aid and equipment for the army of pakistan. tensions have been on the rise since the raid and killing of bin laden in may. officials have been angry over the incursion into their territory without permission while the white house has been worried about pakistan's ineffectiveness in fighting the taliban and al-qaeda. >> the truth is our relationship with them is complicated. they have been victim of huge amounts of terrorism, but right now they have take especially steps that have given us reason to pause on some of the aid we were giving and we are trying to work through that. >> also is pakistan expelling pakistan military trainers. >> about a hundred people are missing tonight after a deadly boat accident in russia. nearly two hundred people were on board the double decker tourist boat when it sank in. two bodies have been recovered. survivors say it sank so fast they could only release one life boat and some ships wouldn't come help.
the white house chef of staff confirmed the united states is with holding aid to pakistan. they are with holding back about $850 million in aid and equipment for the army of pakistan. tensions have been on the rise since the raid and killing of bin laden in may. officials have been angry over the incursion into their territory without permission while the white house has been worried about pakistan's ineffectiveness in fighting the taliban and al-qaeda. >> the truth is our relationship...
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raid that killed osama bin laden inside pakistan. reports in britain now say former prime minister gordon brown was one of the victims of phone hacking by a tabloid newspaper "news of the world". the rupert murdoch media conglomerate has closed the paper. and it delayed efforts today to take over another company, british sky broadcasting or, b- sky-b. we have a report from gary gibbon of "independent television news." >> reporter: gordon brown wooed the murdoch empire like the best of them. but they turned on him, backing david cameron in the last election. today, he turned on them. gordon brown believes his phone and that of his wife may have been hacked into by the "news of the world." he believes someone working on behalf of the "sunday times" accessed his bank account and he believes his son's medical records were obtained by the "sun" newspaper. >> that they had information that fraser had cystic fibrosis which was a matter that they the family were just getting their heads around at the time and dealing with. >> reporter: it wa
raid that killed osama bin laden inside pakistan. reports in britain now say former prime minister gordon brown was one of the victims of phone hacking by a tabloid newspaper "news of the world". the rupert murdoch media conglomerate has closed the paper. and it delayed efforts today to take over another company, british sky broadcasting or, b- sky-b. we have a report from gary gibbon of "independent television news." >> reporter: gordon brown wooed the murdoch empire...
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only a short distance from pakistan's leading military academy. the might of those trying to survive the drought hit horn of africa is far outstripping the ability of anyone to help. u.n.'s chief refugee official said today the crisis in somalia alone is the worst humanitarian disaster in the world. to give an idea of the scale he was visiting a refugee camp the size of cleveland. tony guida has more. >> reporter: look into this child's eyes. he knows something you and i will never know, how it feels to be desperately hungry. there are many children like him in this hospital in mogadishu, malnourished children, some close to death, all refugees from the drought and violence destroying somalia. >> if you are a hungry person, somebody once told me it feels as if there is bleach in your belly. it hurts so much. >> bettina luescher speaks for the world food program, the oortion will feed 6 million people in the horn of africa this year. but that's not nearly enough. >> we are in the middle of a perfect storm. >> the horn of africa is choking on the du
only a short distance from pakistan's leading military academy. the might of those trying to survive the drought hit horn of africa is far outstripping the ability of anyone to help. u.n.'s chief refugee official said today the crisis in somalia alone is the worst humanitarian disaster in the world. to give an idea of the scale he was visiting a refugee camp the size of cleveland. tony guida has more. >> reporter: look into this child's eyes. he knows something you and i will never know,...
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and pakistan. white house chief of staff william daly says it's in response to pakistan's decision to cut back on counterterrorism operations after the killing of osama bin laden. the u.s. typically gives pakistan more than $2 billion a year in security assistance. >>> u.s. joint chiefs of staff admiral -- chairman admiral mike mullen says china should no longer be described as a rising power, declaring it's a full-fledged world power hp he made the remarks at the start of a four-day visit to beijing. he called on china to become a global partner in addressing security challenges in asia and beyond. >>> jay si dugard speaking about her 18 years in captivity at the hands of philly and nancy garrido. she was 11 when kidnapped by garrido, a convicted sex offender, as she was walking to school. she talked about the long, horrifying ordeal with abc's diane sawyer. >> you would never know what she survived unless you notice how her face changes when she speaks of the past and the charm around her neck, a
and pakistan. white house chief of staff william daly says it's in response to pakistan's decision to cut back on counterterrorism operations after the killing of osama bin laden. the u.s. typically gives pakistan more than $2 billion a year in security assistance. >>> u.s. joint chiefs of staff admiral -- chairman admiral mike mullen says china should no longer be described as a rising power, declaring it's a full-fledged world power hp he made the remarks at the start of a four-day...
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is holding aid to pakistan. they're with holding it, expelling military trainers and they hope holidaying back all that money will make pakistan crack down harder on militants and terrorists. what's the best way to describe the relationship with pakistan right now? >> they've been an important ally in the fight on terrorism, they've been the victim of enormous amounts of terrorism, but right now they have taken steps that have given us reason to pause on aid which we have give on the their military and we're trying to work through that. it's a complicated relationship in a difficult part of the world. >>> and here's a figure for you. $37 billion. according to them, that much money could vanish this year from pockets. two out of ten dollars americans took in came in the form of money from government and when those extended benefits go away by the end of the year, some $37 billion onto go into people's accounts and hence won't go into the economy. let e let's go to kristie lu stout for your morning hit from hong k
is holding aid to pakistan. they're with holding it, expelling military trainers and they hope holidaying back all that money will make pakistan crack down harder on militants and terrorists. what's the best way to describe the relationship with pakistan right now? >> they've been an important ally in the fight on terrorism, they've been the victim of enormous amounts of terrorism, but right now they have taken steps that have given us reason to pause on aid which we have give on the...
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violence of the taliban stronghold and it comes after pakistan said it could manage without the need a billion dollar military aid which america is holding back now it's the washington's decision is retaliation for islam about expelling over one hundred u.s. military advisers the u.s. pakistan relationship has been on the straight since of sell a bit about killing in may and the u.s. drone attacks that killed civilians the white house says is i'm about is an important ally in the war on terror but that the relationship must be worked on over time john i saw from a great she told me the bitterness is going to be tough to fix. i don't think we're seeing any signs that the u.s. officials are really sincere about the relationship. as a relationship between two independents other things they would like to work together ten years ago. it was really very hard to find a clean clean shaven pakistani criticizing the united states it was it was taken for granted if you're criticizing the u.s. you must be some radical extremist but today you have people from the upper classes a pox on the really
violence of the taliban stronghold and it comes after pakistan said it could manage without the need a billion dollar military aid which america is holding back now it's the washington's decision is retaliation for islam about expelling over one hundred u.s. military advisers the u.s. pakistan relationship has been on the straight since of sell a bit about killing in may and the u.s. drone attacks that killed civilians the white house says is i'm about is an important ally in the war on terror...
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pakistan relationship but on a strained since the killing in may and u.s. drone attacks that killed civilians white house says is not an important ally in the war on terror but that the relationship must be over time i spoke to journalist ahmed cray she says the business is going to be tough to fix i don't think we're seeing any signs that the u.s. officials are really sincere about the relationship. as a relationship between two independents often they would like to work together ten years ago. it was really very hard to find a clean clean shaven pakistani criticizing the united states it was it was taken for granted if you're criticizing the u.s. you must be some radical extremist but today you have people from the upper classes a pox on the really lead and very very critical of the united states so i think there's something really wrong and i think very a huge responsibility also on. the u.s. media to convey the right picture to the american public media which is unfortunately they're not doing very much toeing the whatever. line of government so i think
pakistan relationship but on a strained since the killing in may and u.s. drone attacks that killed civilians white house says is not an important ally in the war on terror but that the relationship must be over time i spoke to journalist ahmed cray she says the business is going to be tough to fix i don't think we're seeing any signs that the u.s. officials are really sincere about the relationship. as a relationship between two independents often they would like to work together ten years...
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al qaeda was dismantled and settled in waziristan and pakistan. this is not a nation-building exercise. this encounter terror exercise. we do not need 100,000 troops on the ground at the cost we are paying today in order to get the job done. [applause] and i am here to tell you that the future of the u.s. is not going to be determined in the prairies of afghanistan. the future of the u.s., whether you want to recognize it or not, is going to be determined by how well prepared we are to compete in a highly competitive century, and that battle is going to be waged across the ocean. as you walk off of this building, i want you to remember why we are in this race. it is about the generation behind us and the condition they will find our nation in. the debt trajectory that we are on. and number two, the reality of launching a new industrial revolution, it is within our grasp. it has happened before in our nation's history. problem-solving people can do it again. we need leadership and a game plan. and number three, we have to get our position right in
al qaeda was dismantled and settled in waziristan and pakistan. this is not a nation-building exercise. this encounter terror exercise. we do not need 100,000 troops on the ground at the cost we are paying today in order to get the job done. [applause] and i am here to tell you that the future of the u.s. is not going to be determined in the prairies of afghanistan. the future of the u.s., whether you want to recognize it or not, is going to be determined by how well prepared we are to compete...
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raid in pakistan that killed osama bin laden. and the u.s. is pressuring pakistan to be more aggressive as they pursue the taliban. the white house chief of staff william dally says the u.s. relationship with pakistan is complicate. >>> president obama is holding a news conference in less than two hours. ktvu's allison burns reports the president wants to give his take on why it's been impossible to reach a deal to raise the nation's debt limit. allison. >> reporter: that's right, pam. two key events we are watching today. first president obama will be laying out the battle lines in his morning news conference. then negotiations resume this afternoon at the white house. during sunday's 75 minute session president obama again pressed for what's being called the grand plan to reduce the deficit by $4 trillion including $1 trillion in tax increases. republican leaders say a smaller package with no tax increases stands the only chance in the house. treasury secretary is continuing to emphasize the stakes involved. >> it's politically very hard, b
raid in pakistan that killed osama bin laden. and the u.s. is pressuring pakistan to be more aggressive as they pursue the taliban. the white house chief of staff william dally says the u.s. relationship with pakistan is complicate. >>> president obama is holding a news conference in less than two hours. ktvu's allison burns reports the president wants to give his take on why it's been impossible to reach a deal to raise the nation's debt limit. allison. >> reporter: that's...
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wants to push pakistan to more aggressively pursue the taliban. the $800 million figure is a little more than a third of the more than $2 billion the u.s. gives to pakistan in security aid each year. >>> time is now 5:14. in just a couple hours president obama will describe the battle lines in the fight over raising the national debt ceiling. as ktvu's allison burns reports he'll be holding a news conference before these new talks take place. allison. >> reporter: dave, that's right. and president obama is vowing to bring all the key players together every day until a deal is reached to reduce the deficit and raise the nation's debt ceiling. it was all smiles around the negotiating table yesterday as talks got underway between president obama and congressional leaders. but reports indicate the 75 minute session was testy to say the least. both sides appear to be digging in their heels about how to reduce the deficit. treasury secretary tim gait they are says a deal needs reached by the end of the week. >> as we go into july, further into july, the
wants to push pakistan to more aggressively pursue the taliban. the $800 million figure is a little more than a third of the more than $2 billion the u.s. gives to pakistan in security aid each year. >>> time is now 5:14. in just a couple hours president obama will describe the battle lines in the fight over raising the national debt ceiling. as ktvu's allison burns reports he'll be holding a news conference before these new talks take place. allison. >> reporter: dave, that's...
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you must be some radical extremist but today you have people from the upper classes of pakistan be really lead and very very critical of the united states so i think there's something really wrong and i think there is a huge responsibility also on the. on the u.s. media to convey the right picture to the american public media which is unfortunately they're not doing their very much toeing the whatever the line of government so i think i don't see the near future many of these serious differences between buckstone in the united states getting. around some other international news in brief and now a huge explosion has struck and it treat camp in cyprus killing at least eight people schools more were injured at the base between the coastal cities of the most soul and donna kupp two containers of explosives reportedly caused the blast inside of munitions. from the explosions as that to widespread power cuts while to pause and thereby scrub. media mogul rupert murdoch he's in london to take personal charge of the crisis threatening to ruin his empire if one of the closer. the ukase use of the
you must be some radical extremist but today you have people from the upper classes of pakistan be really lead and very very critical of the united states so i think there's something really wrong and i think there is a huge responsibility also on the. on the u.s. media to convey the right picture to the american public media which is unfortunately they're not doing their very much toeing the whatever the line of government so i think i don't see the near future many of these serious...
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and pakistan as well. >> that's right. it's a very -- the word you keep hearing from officials, kyra, is complicated. we have a very complicated relationship with pakistan. and there is some element here. you know, that old saying about don't cut off your nose to spite your face, because we're giving them the money to go after the militants and insurgents that the united states has a vested interest in seeing captured or killed. but the relationship, obviously, is very difficult on both sides, because here at home, you have political pressure from congress. as part of the new defense spending bill, the secretary of defense and the secretary of state have to sort of write a report on exactly where this money is going before congress sort of loosens the purse strings and authorizes that money to go to pakistan. and on their side, their military was humiliated by that bin laden raid. there's a lot of pressure on the pakistan side to sort of stand firm and be tough with the u.s. at this point. >> interesting to see what develo
and pakistan as well. >> that's right. it's a very -- the word you keep hearing from officials, kyra, is complicated. we have a very complicated relationship with pakistan. and there is some element here. you know, that old saying about don't cut off your nose to spite your face, because we're giving them the money to go after the militants and insurgents that the united states has a vested interest in seeing captured or killed. but the relationship, obviously, is very difficult on both...
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they also say it's retaliation for pakistan's expulsion of u.s. military advisers. we're going to be getting an update on debt ceiling negotiations in the u.s. when president barack obama holds a news conference in just a few hours. he plans to meet with the republican and democratic leaders again on monday to try to come up with a deficit reduction deal. those are the headlines. this is cnn in london. "world business today" starts right now. >>> hello, welcome to "world business today." i'm charles hodson in london. >> and i'm paula chu in hong kong. >> "news of the world" is climbing the corporate ladder with reports that rebeba brooks is set to speak to police. >>> companies and consumers cry foul as australia's prime minister imposes a tax on the country's worst polluters. >>> they're trying to keep greece on tack. their grossing fears of the debt contagion is affecting italy. >> before all of that, let's take you to the stock markets and the aftershocks from friday's dismal stock report. only 18,000 jobs had been added in jeune in the u.s., much lower than expe
they also say it's retaliation for pakistan's expulsion of u.s. military advisers. we're going to be getting an update on debt ceiling negotiations in the u.s. when president barack obama holds a news conference in just a few hours. he plans to meet with the republican and democratic leaders again on monday to try to come up with a deficit reduction deal. those are the headlines. this is cnn in london. "world business today" starts right now. >>> hello, welcome to "world...